Regulation 61 Treasury licencesI1

United Kingdom

(1)

The prohibitions in regulations 11 to 15 (asset-freeze etc) F1... do not apply to anything done under the authority of a licence issued by the Treasury under this paragraph.

(2)

The Treasury may issue a licence which authorises acts by a particular person only where—

(a)

in relation to acts which would otherwise be prohibited by regulations 11 to 15, the Treasury consider that it is appropriate to issue the licence for a purpose set out in Part 2 of Schedule 6, F2...

(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1: Words in reg. 61(1) omitted (25.4.2025) by virtue of The Syria (Sanctions) (EU Exit) (Amendment) Regulations 2025 (S.I. 2025/507), regs. 1(2), 19(a)
F2: Reg. 61(2)(b) and word omitted (25.4.2025) by virtue of The Syria (Sanctions) (EU Exit) (Amendment) Regulations 2025 (S.I. 2025/507), regs. 1(2), 19(b)

Commencement

I1: Reg. 61 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)